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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

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Containerized shipping joins modern financial world with CME futures

Freightos

While this may have been innovative in the 70s, futures are now a central part of how multinationals plan to minimize the risk of price volatility. Which brings us to international freight. It’s challenging to get fixed prices for global freight. Hedging for freight price volatility. Say hello to the future(s).

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Are Ocean Freight Prices Absolutely Broken?

Freightos

Shipping containers are like scotch. . But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Is ocean freight pricing broken? As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin.

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Innovations in using Technology to stay ahead in the Game!

The Logistics & Supply Chain Management Society

To meet this gap, CEVA Logistics has transformed itself by incorporating advanced technology to create innovative solutions for its customers, big or small. This one-stop platform simplifies the process of shipping to enhance the customer experience for small medium enterprises (SMEs) in the marketplace. CEVA Logistics.

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The Year Ahead with Doug Waggoner

The Logistics of Logistics

Prior to joining Echo, Waggoner founded SelecTrans, LLC, a freight management software provider based in Chicago, Illinois. Echo’s innovations also support freight carriers by providing more flexibility, transparency, and control. Waggoner served as Chairman of the Board from 2015 until 2021. Echo Global Logistics , Inc.

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Is ocean freight pricing broken? As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Was it profiteering? And it can be fixed.

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In a Turbulent Freight Shipping Market, our Experts Answer your 7 Top Questions

CH Robinson Transportfolio

webinar of 2021, my colleagues and I provided analysis on today’s leading freight shipping topics, including the potential impact of the U.S. Innovation and Competition Act (USICA), continued congestion at the ports, and ways to prepare for the year to come. infrastructure bill, the status of the U.S.